Iowa Summer 2027 Internship - Investment Banking

Application Deadline:

02/01/2026

Address:

320 S Canal Street

Job Family Group:

Capital Mrkts Sales & Service

Investment Banking Summer Analyst

BMO Capital Markets

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,800 professionals in 35 locations around the world, including 23 offices in North America.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$924 billion total assets and approximately 57,000 employees as of April 30, 2023.

Summer Analyst Program Overview:

The Summer Analyst program is designed for candidates between their junior and senior undergraduate years. The Program provides participants with practical experience in a dynamic capital markets environment. Summer analysts are assigned to a specific Investment Banking product or industry group during the 10-week program. In addition to this on-the-job experience, analysts will participate in a one-week training and orientation program. Throughout the summer, the program includes the opportunity to network with bankers across all levels as well as learn about the culture of BMO Capital Markets, participate in learning and development sessions, and obtain career guidance from dedicated mentors. The program is considered an initial interviewing step for the BMO Capital Markets full-time Investment Banking program.

Responsibilities:

As an Investment Banking Summer Analyst at BMO Capital Markets, you will gain valuable exposure to a wide variety of industries and work with several financial products, including public and private debt and equity financings, mergers and acquisitions, and financial advisory. Specific responsibilities include:

• Conducting industry and company research and analysis

• Developing client presentations

• Writing internal and external marketing memoranda

• Running valuation analysis, financial analysis and completing complex modeling exercises

• Performing other tasks supporting client relationships and business development

Qualifications:

BMO Capital Markets offers practical, hands-on experience in a dynamic investment banking environment. We are looking for highly motivated, ambitious, and mature individuals:

• Enrolled in an undergraduate degree program, graduating in Dec. 2027 or Spring 2028

• Interest in investment banking

• A preferred minimum GPA of 3.4/4.0

• Minimum of two college finance and/or accounting classes with grades “B” or higher

• Outstanding academic achievement, leadership experience and peer recognition

• Demonstrated leadership attributes in work, school, or community

• Excellent analytic, critical thinking and problem-solving skills

• Strong interpersonal skills used within a demanding team environment

• Demonstrated proactivity, resiliency, and an unfailingly positive attitude

• Excellent capacity to independently function as part of a team through self-motivation

• Strong work ethic and a high level of professional integrity

• Legally authorized to work in the U.S. and will not require sponsorship in the future

The annual base salary for this position is USD$110,000.

Salary:

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo